Arbitrum Unveils $40M Incentive for Leveraged Looping on DeFi

Arbitrum has launched a substantial incentive program worth $40 million to stimulate leveraged looping within the DeFi ecosystem. Season One of this initiative allocates up to 24 million ARB tokens for borrowing against yield-bearing assets on prominent lending platforms such as Euler and Fluid. This program is designed to drive liquidity and engagement in Ethereum Layer-2’s DeFi markets, with implications for protocol adoption and television (TVL) growth.